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25 Sep 2017

USD/CNY fix projection: 6.6024 - Nomura

Analysts at Nomura offered their model projection for the USD/CNY fix today.

Key Quotes:

"Our model1 projects the fix to be 163 pips higher than the previous fix (6.6024 from 6.5861) and 102 pips higher than the previous official spot USD/CNY close of 6.5922. The basket implied change is 124 pips higher than the previous official spot USD/CNY close (6.6046 from 6.5922)."

Sep 25, 2017

EUR/JPY retakes 134.00 as markets digest Merkel win

The EUR opened on a slightly weak note this Monday morning on the back of the expected German election and Merkel victory. The "sell the fact" trade
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Sep 25, 2017

Japan Nikkei manufacturing PMI rises to 4-month high in September

Flash Japan Manufacturing PMI printed at a four month high of 52.6 in September (52.2 in August). Flash Manufacturing Output Index also clocked a four
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