Political developments throughout May have remained largely routine, supporting trader consensus around a high probability for no major disruptions. No high-profile international summits, legislative breakthroughs, or electoral contests have emerged to alter established timelines, while confirmation hearings and executive actions have followed predictable procedural paths. Domestic policy debates in major capitals have advanced without decisive floor votes or amendments that would typically shift market pricing. This pattern of continuity, absent sudden diplomatic escalations or primary surprises, has reinforced the current positioning through the final weeks of the month.