The bank said recent market activity suggests investors remain constructive overall, but divergences across regions and asset classes indicate that risks are beginning to build beneath the surface. Europe Shows Improving MomentumCiti identified Europe as one of the strongest regions for improving investor positioning. Positioning in the Euro Stoxx 50 also strengthened, reversing the weakness seen in recent weeks. Germany's DAX stood out as the weakest major European market, with investor positioning continuing to deteriorate. Asia Presents a Mixed OutlookAcross Asia, investor positioning remained uneven.