Domestic challenges in the US will be in the spotlight as a government funding deal to avoid a shutdown and preliminary readings of the Michigan survey will provide insights into current consumer sentiment and inflation expectations will be scrutinised.

The election of Donald Trump, coupled with the Republican Party's control of both houses of Congress, has resulted in a new political landscape in the United States. What key decisions must the new administration make? What impact will these decisions have on the macroeconomic environment, financial markets and investors?

For the past decade, US stock markets have largely dominated the rest of the world, thanks to strong momentum in the technology sector and a favorable macroeconomic environment. Paradoxically, since the election of Donald Trump, this trend has reversed and the US market seems to have temporarily lost this leadership role.

A relatively buoyant environment for Equity Market Neutral strategies.

US President Trump's address to a joint session of Congress and the potential start of 25% tariffs on Canada and Mexico along with additional 10% tariffs on China will be in focus.

Investors will digest the results of the German general election. Forming a new coalition is expected to last into April.

The European lower mid-market offers significant opportunities for senior lenders, driven by untapped M&A potential and flexible financing solutions.

We maintain an overweight stance on global equities, adopting a more balanced approach across sectors and regions. Notably, we have a renewed interest in Europe and China, as the catch-up trade in these regions still has potential upside: a range of macroeconomic, geopolitical and technological factors have introduced notable shifts that investors must carefully assess.