107 Executive Orders Signed In 67 Days, More Than Any President In History

107 Executive Orders Signed In 67 Days, More Than Any President In History

President Donald Trump has made history by signing 107 executive orders within the first 67 days of his second term, a record-breaking pace that surpasses all previous presidents. This unprecedented level of executive action underscores the administration’s commitment to swiftly implementing its policy agenda and reversing key policies from the previous administration.

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Metals – Iron ore breaks below $90/t

Iron ore prices sank below $90/t for the first time since 2022 yesterday as China gloom continues to deepen. Iron ore is one of the worst-performing commodities so far this year, with prices now down about 33% year-to-date. We believe price risks are increasingly skewed to the downside for the industrial metal as the outlook in China, the biggest buyer, continues to deteriorate. Iron ore port holdings in China continue to rise, now back above 150 million tonnes and standing at their highest ever for the time of year, a sign of abundant seaborne supplies. 

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