Below expected official manufacturing PMI in China – ING

Tim Condon, Head of Research & Chief Economist of Asia at ING, notes that the official manufacturing PMI fell for a second consecutive month, hitting a nine-month low of 50.3, which points to a slowdown in industrial production growth.
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GBP/USD bear bias to 1.5503/00 today – MarketChartist

Steve Miley of MarketChartist, sees bearish pressures re-energizing in December for the GBP/USD pair, and anticipates the pair to head towards 1.5320 levels this week.
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