Global markets surge amid eased recession concerns Related news

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ISTANBUL  Global markets are on a positive trend after US inflation data indicated a decrease in price pressures and retail sales climbed above expectations, resulting in weakened recession concerns.    US retail sales surge Retail sales in the US increased 1% month-on-month in July, surpassing expectations and marking the highest monthly increase since January 2023. This strong performance alleviates some fears of a potential recession.    Job market defies expectations   The US job market

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