the data out of europe. they're focusing on the positive and the positive is indeed china. china. and the key here has been an expansion in manufacturing output no december from the contractually in november. it's only marginally up but still expanding. that's what investors want to see. they want to see if growing and of course, manufacturing is a key part of that economy. wasn't just china, though. the hang seng getting a pop. india, it's up by 2 hoyne 4% as well. that's off the december pmi. it came out at the fastest rate in six months according to a survey. it came in at 54.2. anything above 50 means it's contracting. it was at 51 in november. india also growing. australia also growing as well. december manufacturing there increasing at 2.4 points to just over 50 as well. the s&p as you see, up by 1.1%.