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USD/CNY fix model: Projection 233 pips higher to 6.5811 - Nomura

FXStreet (Bali) - Nomura's model projects the fix to be higher by 233 pips from the previous fix (6.5811 from 6.5578) and higher by 15 pips from the previous spot USD/CNY official close (6.5796).

Brazil Central Bank unexpectedly holds rates - TDS

Sacha Tihanyi, Senior EM Strategists at TDS, notes that Brazil Central Bank sent the worst possible signal to markets by surprisingly holding rates unchanged, risking loss of credibility.
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China A50 FTSE futures up by 1.75% ahead of Shanghai

China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading up by 1.75% ahead of the Shanghai cash open, in line with the risk recovery seen during US afternoon and early Asian trade.
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