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Transcripts For BLOOMBERG Countdown 20160104

Welcome. Edwards. Nna lets go here. We have the new year and the starting with the composite down down earlynzhen is with the latest manufacturing data. Manufacturing is dropping for the fifth straight month and i have a touch of all of these for you. Of course what we have is the it was embassy and attacked. The west texas intermediate and the Political Risk here, you have the number one producer and number five producer on the back of a record two years we have seen. It is a political rally and we supply andt the oil the huge debate between the political and the bear market factors. Lets get to the news with caroline hyde. Oil is trading higher this morning with tensions escalating. They have cut ties with the Islamic Republic. The embassy was attacked and protest came in response to the execution of a shiite cleric. Worse than expected chinese manufacturing is expected w ....

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