Xiaomi chairman Lei Jun posted that nationwide deliveries of the Xiaomi Pengcheng begin tomorrow, covering 75 cities across China.

On Sept. 11 the Agricultural Wholesale Price 200 Index was 117.21, up 0.10 points from the previous day; the vegetable-basket wholesale price index was 118.05, up 0.12 points. As of 14:00 nationwide average wholesale prices: pork 16.20 yuan/kg, down 0.7% vs. yesterday; beef 70.26 yuan/kg, down 0.6%; mutton 65.89 yuan/kg, down 0.5%; eggs 11.00 yuan/kg, up 0.2%; dressed chicken 16.96 yuan/kg, down 1.5%.

US August PPI printed 2.4% YoY versus 5.3% expected, while core PPI rose 0.2% MoM versus 0.3% expected, a mixed signal as Fed officials debate next week’s move. After the report, markets fully priced an October Fed rate hike. The PPI came a day before the latest CPI, which is expected to show relatively tame core inflation. Some Fed officials say the Sept. 15-16 decision could hinge on this week’s data. Fed chair KEVIN WARSH said last month the Fed 'has more work to do' if policymakers are not confident underlying inflation is improving. Ongoing US-Iran hostilities have pushed oil higher, complicating the outlook.