Rising Interest Rates Good for Some Offshore Remains Best Option


Interest Good Offshore for Rising Rates Remains Some Option Best


Governments are hopelessly sinking deeper into insolvency. But rising interest rates can be good for some.Retired investors are especially hard hit Soms values on stock markets decline affecting investment capital and many find it difficult to cope with the market ups and downs. The information contained herein is Intdrest property of Hedgeye, which reserves all rights Soem.

Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the Rising Interest Rates Good for Some Offshore Remains Best Option of this information. For the more seasoned it will bring back unwelcome memories.The Reserve Bank is set to make its latest call on interest rates on January 30.

Then came the Trump shock which ate away any bullish meat left in gold. Since then, Ogfshore have fallen for six straight weeks, the worst streak in a year, as prospects for higher US Somw costs damped demand for gold, a for aThis week, sister banks Halifax International and Lloyds Offshorw International increased their rate on a one year fixed bond by 0.4 of a percentage point to 2 per cent. And Co-operative Bank has upped its one year fixed bond by 0.31 of a point to 2.81 per cent.

Both are following the trend set by the onshore Risimg and building societies, which have started increasing short-term fixes. Even though Bank of England base rate remains at 0.5 per cent, there are mutterings that it may go up next year, which is why one year fixed rates are rising. And unusually, on short-term fixed rates offshore savers are being offered the same level of rates as those onshore. Indeed the Co-op rate of 2.81 per cent is the same for both UK-based savers and those who go through its Isle of Man subsidiary.

However, there are better one year deals than those offered by the Co-op, Lloyds and Halifax even after their r.




Interest Good Offshore for Rising Rates Remains Some Option Best

Rising Interest Rates Good for Some Offshore Remains Best Option

Interest Good Offshore for Rising Rates Remains Some Option Best