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Donald Hirsch

Professor of Social Policy, Loughborough University
Donald is a former journalist and international policy consultant, who was Poverty Adviser to the Joseph Rowntree Foundation for the ten years prior to joining CRSP in 2008. He played a central role in establishing A Minimum Income Standard for the United Kingdom, CRSP's ongoing research programme showing what incomes households need for an acceptable standard of living as agreed by members of the public.

Donald is the Director of the Centre for Research in Social Policy. He leads that programme and associated projects studying income, and plays a prominent national role in commenting on the adequacy of the public welfare system and on poverty trends.

Two thirds of people in their 20s now live with their parents – here's how it affects their lives

Jan 19, 2019 09:00 am UTC| Insights & Views Life

Gone are the days when living at home in your 20s was seen as an embarrassing sign of arrested development. Today, 63% of single adults between the ages of 20 and 29 live with their parents, as do just over half of 25- to...

Economy

German bunds remain steady ahead of July manufacturing PMI, ECB’s policy meeting

The German bunds remained steady during European session Tuesday ahead of the countrys manufacturing PMI for the month of July, scheduled to be released on July 24 by 07:30GMT and the European Central Banks (ECB) monetary...

MAS likely to slightly reduce slope of S$NEER policy band amid economic slowdown, says Scotiabank

The Monetary Authority of Singapore (MAS) is expected to slightly reduce the slope (i.e. the annual rate of appreciation) of its S$NEER policy band to 0.5 percent from current 1.0 percent, when holing its second...

Australian bonds surge ahead of RBA Governor Lowe’s speech

Australian government bonds surged during Asian session of the second trading day of the week Tuesday amid a muted trading session that witnessed data of little economic significance ahead of the Reserve Bank of Australias...

Australian bonds jump in silent trading ahead of RBA Assistant Governor Kent’s speech

Australian government bonds jumped during Asian session of the first trading day of the week Monday amid a muted trading session that witnessed data of little economic significance ahead of the Reserve Bank of Australias...

Global Geopolitical Series: U.S. Commerce announces duties on Chinese steel racks to counter malpractice

In a continuation of the toughened stance against both Allies and adversaries, the U.S. Commerce Department imposed duties on steel racks and parts from China. The United States, in 2017, imported $200 million worth of the...

Politics

Can protecting land promote employment? In New England, the answer is yes

Protecting land from development provides numerous ecological and social benefits, but many people debate whether it hurts or helps local economies. Some worry that land protection will inhibit economic growth by...

US Dem presidential primaries: Biden leading, followed by Sanders, Warren, Harris; and will Trump be beaten?

The next US presidential election will be held on November 3, 2020. Incumbent president Donald Trump will almost certainly be the Republican nominee, but there is a contest for the Democratic presidential nomination. The...

Archive documents reveal the US and UK's role in the dying days of apartheid

It is a quarter of a century since the end of apartheid in South Africa. But its easy to forget how complex, difficult and violent the birth of full democracy really was. This was particularly true in KwaZulu-Natal, where...

Melania Trump might have requested a better prenup since 2016 election

Various White House representatives have previously assured the public that the marriage of United States President Donald Trump and First Lady Melania Trump are in good status. But rumors and insider reports keep...

Donald Trump denies being racist

To hear that United States President Donald Trump is going on a Twitter tirade, no matter what time of the day is nothing new. But his recent tweets directed at four congresswomen telling them to go back to their countries...

Science

HIV vaccine enters phase 2 of clinical trials in China

An HIV vaccine being developed by Chinese scientists is slated to enter phase 2 of clinical trials with over 100 participants. This follows a landmark victory reported recently in the United States where researchers killed...

Better treatment for ovarian cancer could be available soon

A group of researchers recently reported identifying a specific enzyme that they found to be speeding up the spread of a certain deadly type of ovarian cancer cells. By targeting it, they came up with a way to reverse that...

How big is the Moon? Let me compare ...

Even though we can see the Moon shining brightly in the night sky and sometimes in daylight its hard to put into perspective just how large, and just how distant, our nearest neighbour actually is. So just how big is...

3,800 patients to test promising HIV vaccine

Several significant developments in the field of HIV/AIDS cure studies have been reported this year. Now, adding to that is an HIV vaccine entering human trials after it has been in development for more than 30...

CAR-T therapy could be the world’s first cancer cure

Numerous cancer research is taking place around the world at this moment. While some of it has already shown promising results, there remains an undeniably long work ahead before at least one of them can be officially...

Technology

'Borderlands 3' has easy ways to activate the VIP codes

Borderlands 3 is an upcoming game developed by Gearbox Software. Ahead of its release, the gaming studio published a trailer showing the four main vault hunter characters. The teaser reveals a number of details about the...

WNBA will be in ‘NBA 2K20’

The month of July opened to the official announcement of NBA 2K20. The timing of the reveal was not much of a surprise, but the most exciting part of it was the confirmation that WNBA players are now officially part of the...

Fan recreates ‘Final Fantasy 7 Remake’ on PS4 game creation system

Square Enix attended E3 2019 with enough teaser trailers and new gameplay information to make Final Fantasy 7 Remake one of the most unforgettable presentations in the entire convention. But the fact remains that the game...

Outlaw system of ‘Cyberpunk 2077’ will be similar to the ‘Witcher 3’

The hype train for Cyberpunk 2077 just keeps on rolling as new information about the game has been given by CD Projekt Red. While the gaming studio hasnt been shy to share details about the title, theyve also been cautious...

Upcoming Samsung device powered by Windows 10

Samsung annually updates its lineup of Galaxy-branded tablets, but the company appears to be entering the 2-in-1 laptop market shortly. To offer a competitive device in this area, Samsung is rumored to get help from...

Digital Currency

Crypto Technicals: BTG/USD slumps over 17%, hits 2-month lows at 12.50

Crypto Technicals: LTC/USD resumes weakness after rejection at 21-EMA

Cryptocurrency Derivatives Series: A Run Through on Open interest in Bitmex Perpetual Swap and CME Bitcoin Futures Contracts

Law

The army is being used to fight Cape Town's gangs. Why it's a bad idea

Standoffs at sea highlight the shameful criminalization of rescuing migrants

Trump wasn't the first president to confront the Supreme Court – and back down

Life

Social diversity is initially threatening but people do adapt over time – new research

Voices from an age of uncertain work – Americans miss stability and a shared sense of purpose in their jobs

Mafia in Naples is still going strong – and we must not forget how it affects everyday life in the city

Nature

Dog owners could take the lead on dingo conservation with a 'Fido fund'

Five ways to be a responsible wildlife tourist

Solar weather has real, material effects on Earth

Sports

Bradley Beal unlikely to sign a three-year extension

Is Tacko Fall joining the Celtics’ roster?

Michael Schumacher’s family criticized by Willi Weber for keeping his recovery private

Technical Analysis

FxWirePro: Buy USDCAD above 1.31500

FxWirePro: Sell EURUSD on rallies (target 1.1100)

FxWirePro: USD/NOK near 2-week high on weak Norway Industrial Confidence, good to buy on dips

ET PRO
Market Data

Market-moving news and views, 24 hours a day >

J.P. MORGAN: LONG 6M USD/JPY ATM/25 DELTA PUT SPREAD V S SHORT AUD/USD ATM/30 DELTA CALL SPREAD -; P/L: 26 BP USD

J.P. MORGAN: WE ADD SHORT 2M2M XAU/USD FVA VS LONG 2M $1,600/OZ STRIKE ONE-TOUCH CALL, AT NOTIONALS SIZED AS 100K V EGA FVA V S 1-MIO OF PAY OUT ON OT; P/L: -0.5 VOL

J.P. MORGAN: OPENED A SHORT 2M EUR CALL/USD PUT – SHORT 2M USD CALL/INR PUT – LONG EUR CALL/INR PUT CORRELATION TRIANGLE; P/L: 57 BP USD

J.P. MORGAN: BUY 3M USD/CLP 682 STRIKE - USD/SGD 31.40 STRIKE, NOT DELTA-HEDGED; P/L: 1 BP USD

J.P. MORGAN: SHORT 3M 25D USD/BRL STRANGLE VS LONG 12M STRADDLE, DELTA-HEDGED, EQUAL VEGA; P/L: -0.3 VOL

J.P. MORGAN: 2M GBPAUD - EURGBP VOL SPREAD; P/L: -0.4 VOL

J.P. MORGAN: BUY A 6M NZDJPY BEAR PUT SPREAD (35D/15D STRIKES) (SPOT REF.: 70.8466); P/L: -0.56%

J.P. MORGAN: BUY 1M NOK/SEK CALL (STRIKE = 1.0980). SELL 2M NOK/SEK PUT (STRIKE = 1.08). PAID 5.9BP. SPOT REF: 1.0960; P/L: 0.03%

ALERT: ECONOBRIEF WILL NOT BE PUBLISHED ON 4TH JULY, 2019 AS U.S. MARKETS REMAIN CLOSED ON ACCOUNT OF INDEPENDENCE DAY

U.S. 30-YEAR TREASURY BONDS RISE 1 POINT IN PRICE, 30-YEAR YIELD LAST AT 2.512%

FED'S MESTER - A FURTHER DECLINE IN INFLATION WOULD BE PROBLEMATIC

PUTIN TO MEET HIS DEFENCE MINISTER VERY SOON - TASS QUOTES KREMLIN

EU SUMMIT CHAIRMAN TUSK SAYS DEAL ON TOP JOBS GETTING CLOSER ANDCLSOER

S.AFRICA'S FTSE/JSE TOP 40 CLOSED AT 52,134.95, DOWN -0.63%

PORTUGAL’S PSI20 DOWN 0.76 PERCENT AT 5,149.16 POINTS

ALL THREE MAJOR U.S. STOCK INDICES TRADING IN THE RED; NASDAQ DOWN 0.2%

U.S. SHORT-TERM INTEREST RATES FUTURES ADD GAINS FOLLOWING BOE'S CARNEY COMMENTS ON RISKS FROM BREXIT, TRADE TENSIONS

FED FUNDS FUTURES IMPLY TRADERS SEE 24% CHANCE FED CUTTING RATES BY 50 BPS AT JULY POLICY MEETING VS 20% LATE ON MONDAY - CME GROUP'S FEDWATCH

FEDERAL FUNDS FUTURES IMPLY TRADERS SEE 77% CHANCE FED CUTTING INTEREST RATES BY 25 BPS AT JULY 30-31 POLICY MEETING VS 80% LATE ON MONDAY - CME GROUP'S FEDWATCH

SWITZERLAND SMI CLOSED AT 10,021.00, UP +0.45%

Australian bonds surge ahead of RBA Governor Lowe’s speech

Better treatment for ovarian cancer could be available soon

Cryptocurrency Derivatives Series: Is CME Futures Gap Causing Bitcoin Bearish Pressures?

FxWirePro: Sell EURUSD on rallies (target 1.1100)

Brazilian inflation likely to remain below target rate for 2019-2020, BCB to cut rates by 75 bps in 2019

Cryptocurrency Derivatives Series: Bakkt COO Compares ICE’s Bakkt With ‘Moonshot Bet’

FxWirePro: USD/SGD breaks key resistance at 1.3622 mark, Singapore’s CPI data in focus

FxWirePro: USD/NOK near 2-week high on weak Norway Industrial Confidence, good to buy on dips

FxWirePro: Gold trades lower on strong U.S dollar, good to buy on dips

Economics Monitor

July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

48.6 %

January 31 00:00 UTC 775667775667m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 775667775667m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 22 19:00 UTC 787487787487m

ARTrade Balance

Actual

Forecast

-1541 %

January 31 00:00 UTC 775667775667m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 22 19:00 UTC 787487787487m

ARTrade Balance

Actual

Forecast

-1541 %

January 31 00:00 UTC 775667775667m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 775667775667m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 775667775667m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

EconoTimes

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Donald Hirsch

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