The absence of major escalations in ongoing diplomatic negotiations or legislative breakthroughs has reinforced trader expectations for limited high-impact events through the end of May. Recent weeks have featured routine cabinet-level discussions and incremental policy reviews without decisive votes or announcements that could trigger market-moving developments. Historical patterns around late-spring periods in election cycles and international affairs show similar stretches of procedural activity rather than sudden shifts, aligning with the current 80 percent implied probability for no notable occurrences. Scheduled summits and confirmation processes remain on track but show no signs of acceleration or disruption that would alter this outlook.