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PRODUCT PROFILE
3 Year Fixed Term Reward Account
Raise a massive fixed return on your deposit with Bank of Ireland's 3 Year Fixed Term Reward Account
- Earn an amazing fixed rate of 9% over the term (2.91% EAR)
- Make a single lodgement only - any amount from €20,000 up to €1,000,000
- Access up to 50% of your funds during the 3 years
Terms and conditions apply. Interest is subject to DIRT. Bank of Ireland is regulated by the Financial Regulator. Click here for more information.
Latest Dublin Prices
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| CRH | 19.01 | -0.19 | more |
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| Elan | 4.41 | -0.12 | more |
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| Grafton | 2.87 | -0.03 | more |
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| U. Drug | 2.08 | 0.00 | more |
European shares drop ahead of ECB ruling
Thursday, November 05 08:48:21
European shares dropped this morning ahead of interest rate decisions by the European Central Bank and the Bank of England.
Banks and commodity stocks were the biggest losers.
The pan-European FTSEurofirst 300 index of top shares was down 1.1 percent early on at 973.69 points.
"Even though there have been some good banking figures coming out, we are still not finding any particular direction. We are seeing it pull back today," said Justin Urquhart Stewart, director at Seven Investment Management.
"We are waiting to see if there is going to be a decision from the Bank of England. I think there is unlikely to be any change and I do not think the ECB will make any significant changes," he said.
Both, the BoE and the ECB are expected to leave interest rates unchanged.
The Federal Reserve said last night that it would keep rates close to zero for "an extended period".
Banks took the most points off the index in Europe. HSBC, Banco Santander and Credit Suisse were down 1.2 to 1.8 percent.
However, BNP Paribas, the euro zone's second-biggest bank by market capitalisation, gained 0.6 percent after it posted higher profits that beat market forecasts and trumped the results of many rival banks.
Commodity stocks featured among the biggest fallers. Petroplus, Europe's largest independent oil refiner, fell 6 percent after it missed forecasts with a third-quarter net loss.
Miners were lower as metal prices retreated. Anglo American, Antofagasta, BHP Billiton, Eurasian Natural Resources Corporation, Rio Tinto and Xstrata were down 1.6 to 3.2 percent.
Across Europe, the CAC-40 in Paris was down 32 points to 3,638, while the Dax in Frankfurt had slipped by 49 points to 5,395.
In London, the FTSE 100 was down 47 points at 5,060.
