USD/CNY fix model: Projection at 6.7078 - Nomura

Nomura's model projects the fix to be 70 pips higher than the previous fix (6.7078 from 6.7008) and 50 pips higher than the previous official spot USD/CNY close of 6.7028. The basket implied change is 51 pips higher than the previous official spot USD/CNY close (6.7079 from 6.7028), Nomura adds.

Oct 11, 2016

Australia's NAB business survey: Solid levels of activity in non-mining economy

Australia's Sept business confidence came at 6 vs 6 prior, while conditions stood at 8 vs 7, with NAB noting that the results suggest a multi-speed ec

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Oct 11, 2016

EUR/USD a casualty of rising treasury yields

US dollar is solidly bid in Asia on the back of a rise in treasury yields, thus EUR/USD is trading on the backfoot around 1.1130 levels. Funding curr

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