HERE COMES MARKIT PMI MANUFACTURING DATA...

The purchasing manager's index measures manufacturing activity.

Expectations are for a reading of 54.7, unchanged from the previous reading.

We've had a pretty solid Global PMI Day to kick off the new year, with France and Turkey the only notable laggards.

Here's the scorecard so far:

South Korea: HSBC Manufacturing PMI - 50.8, up from 50.4 in November, a seven-month high

China: HSBC Manufacturing PMI - 50.5, down from 50.8 in November, and a three-month low

Vietnam: HSBC Manufacturing PMI - 51.8, up from 50.3 in November, the sharpest expansion of output since April 2011

Taiwan: HSBC Manufacturing PMI - 55.2, up from 53.4 in November, also the greatest expansion of output since April 2011

Indonesia: HSBC Manufacturing PMI - 50.9, up from 50.3 in November, the fourth-straight month of gains

Markit Spain Manufacturing PMI - 50.8, up from 49.8 in December.

HSBC India Manufacturing PMI - 50.7, down from 51.3.

Investec Manufacturing PMI Ireland - 53.5, up from 52.4

NEVI Netherlands Manufacturing PMI - 57.0, up from 56.8.

HSBC Poland Manufacturing PMI‚ 53.2, down from 54.4

HSBC Turkey Manufacturing PMI - 53.5, down from 55.0

HSBC Czech Republic Manufacturing PMI - 55.4, up from 54.7.

Markit / ADACI Italy Manufacturing PMI - 53.4, up from 51.1

Markit France Manufacturing PMI - 47.0, down from 48.4

Markit / BME Germany Manufacturing PMI - 54.3, up from 52.4

Markit Eurozone Manufacturing PMI - 52.7, up from 51.6.

Markit Greece Manufacturing PMI - 49.6, up from 49.2