The number of initial jobless claims in the United States has surged, and the Fed's interest rate cut next week has been fully priced in.
BlockBeats News, September 11th: Last week, the initial jobless claims in the United States saw a sharp increase, in line with a noticeable softening of the job market. The U.S. Bureau of Labor Statistics announced on Thursday that the number of initial jobless claims for the week ending September 6th increased by 27,000 to 263,000, higher than the previous value of 236,000 and the expected value of 235,000.
This week, the U.S. government stated that over the 12 months ending in March, nonfarm payroll employment may have been overstated by 911,000. The nonfarm report last week revealed that job growth in August was nearly stagnant, with job losses in June, marking the first time in four and a half years.
A New York Fed survey also indicated that consumer confidence in finding a job in August fell to the lowest level since June 2013. The Federal Reserve is expected to cut interest rates next week, and the 25 basis point rate cut has already been fully priced in by the market. (FXStreet)
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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