Brent oil is already cheaper than $ 33. The stock market collapsed in China

The collapse of oil prices continues: oil of the North Sea brand Brent costs less than $ 33 per barrel. Following the oil, the ruble is getting cheaper. At electronic auction, the dollar now costs 75.5 rubles, the euro - almost 82, Echo Moscow reports. A new sharp fall occurred against the backdrop of the collapse of the stock market in China.

At 10:19 Moscow time, Brent barrel fell to $ 32.97. After that, prices were a little adjusted, but after a few minutes they continued the fall again. By 10:44, the Brent barrel was traded for $ 32.26, RBC reports.

Earlier, during trading on the intercontinental exchange at 06:01 Moscow time, the cost of February futures on the North Sea oil mixture of Brent brand decreased by 8.846% to 33.46 dollars per barrel. At the same time, the price of WTI oil decreased by 8.246% - to 33.23 dollars per barrel, Kommersant reports.

Key Chinese indices collapsed, the auction was stopped. Beijing sharply lowered the yuan course

Trading on Chinese stock exchanges on Thursday morning were suspended before the end of the trade day, after key indices collapsed by 7%.

The Shanghai Stock Exchange index Shanghai Composite Index fell by 7.3% and amounted to 3115.89 points, the Shanzhen Shenzhen Composite Index collapsed by 6.77% until 1989.58 points, the Prime Agency reports.

Also, China on Thursday lowered the value of the yuan to the dollar by 0.51%, which has become a minimum since August, the China Foreing Exchange Trade System testifies.

On Thursday, the dollar amounted to 6.5646 yuan - this is a minimum of August 2015, when the China Central Bank sharply weakened its currency for the American dollar.

European indices fell after the collapse of the Chinese

Leading European indices fell sharply after the People’s Bank of China accelerated the depreciation of the national currency, RBC reports with reference to Reuters.

As of 12:45 pm Moscow time, Euro Stoxx 50 dropped by 3.29% - to the mark of 3036.00 points ( - 103.17 points). At the same time, German DAX fell by 3.67% to 9839, 00 points (-375.02 points). The British FTSE 100 lost 2.77% and traded at the mark of 5904.00 bundles (-168.48 points), the pan-European “blue chips” index of FTSEUROFIROFIROFIRST 300 fell by 3.4% to 1344.99 points (-47.41). Negative dynamics is also observed with respect to the French CAC 40 index - by 13:00 it lost 2.91% and traded at the mark of 4350.00 (-130.47).

The fall of European indices during the trading of January 7 began after the collapse of the Chinese stock market.

The ruble fell to the dollar and the euro in the evening on Wednesday, adjusted by the collapse of oil

The dollar and euro strengthened the growth on the Moscow Exchange on Wednesday evening, the dollar during the trading course updated the maximum of a year, briefly flew out above 75 rubles. The pressure on the ruble is caused by a record drop in oil prices, which again accelerated by the evening of Wednesday after statistics on stocks in the United States.

According to Interfax , the US dollar cost 74.85 rubles at 18:47 in Moscow at the ETS, this is 1.54 rubles higher than the closing level of previous bidding. The euro at that moment cost 80.58 rubles, adding 1.86 rubles.

The dollar rate was 1.92 rubles higher than the current official course, the euro - 96 kopecks above the level of official course. The exchange rates were established by the Central Bank of the Russian Federation on December 31 and operate on January 11.

The weakening of the ruble was facilitated by the strengthening of the fall of world oil prices and a worsening mood in capital markets. The key factor in the fall of the ruble is the collapse of oil prices.

Recall that Brent oil on Wednesday fell below 35 dollars per barrel on the signals of the weakness of the economy of the PRC. The cost of February Brent oil futures by 17:10 in Moscow fell on the ICE Futures London Exchange to the 34.6 dollar per barrel - the lowest intraday level since the summer of 2004, that is, in 11.5 years. Then the oil played a little, prices rose above $ 35 per barrel. But after the announced statistics of energy reserves in the United States, black gold again increased the decline, the February futures of Brent again updated the long -term minimums, falling to $ 34.4 per barrel, after this fall of oil the dollar and the euro increased growth.