USD/CNY fix model: Projection at 6.4810 - Nomura

Nomura's model projects the PBOC fix to be higher by 182 pips from the previous fix (6.4810 from 6.4628) and higher by 83 pips from the previous spot USD/CNY official close 6.4727.

Additional quotes

The basket implied change is higher by 129 pips from the previous spot USD/CNY official close (6.4856 from 6.4727).

Mar 21, 2016

USD, JPY net longs fall, GBP shorts cut - Nomura

As Nomura notes, according to the IMM data for the week ended March 15, non-commercial accounts sold USD to the tune of -$1.7bn, bringing positioning in USD to $9.5bn.

China A50 futures flat ahead of Shanghai

China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading flat following the positive close in Wall Street last Friday, and ahead of the Shanghai Composite, due to open at 1.30GMT.