Markets enter the week of April 28 – May 2 facing the most institutionally dense calendar of the quarter. Five major central banks deliver decisions across three consecutive days: the Bank of Japan on Tuesday, the Federal Reserve and Bank of Canada on Wednesday, the ECB and Bank of England on Thursday. The Senate Banking Committee votes on Kevin Warsh's Fed chair nomination Tuesday, and US Q1 GDP and PCE inflation land Thursday. Geopolitically, Trump cancelled his envoys' weekend trip to Pakistan, Iran's foreign minister declared negotiations off-limits under "threats or blockade," and both sides maintain the Hormuz blockade. The week is back-loaded with risk: Tuesday and Wednesday carry the sharpest rate-differential potential, Thursday's synchronized central bank cluster adds a second volatility window, and Friday's ISM Manufacturing closes the week.