Ex-MMS analysts set up new research firm

Action Economics, whose team of 25 is made up largely of staff from the former MMS, targets market professionals and offers intra-day commentary and a range of reports via email.

It currently has about 700 users signed up on a trial basis.

One of the most valuable aspects of the new product is its combination of FX, fixed income and economics, said Ronald Simpson, managing director of global currency analysis, based in New York. "The co-ordination between our different groups of analysts will

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