Onshore yuan closes at 6.7085 per dollar, down 21 pips

The divergence between the two reference points — a modest decline against the official close, a modest gain against the overnight close — suggests the move reflects the choice of baseline more than any decisive directional pressure. What stands out is the small magnitude: a 21-pip shift is well within routine daily noise, so this reads as a quiet session rather than a signal. The open question is whether the gap between the official fixing and market levels widens, which would be the more meaningful development to track.