Trader's Highlight

DJI-NEW YORK, Sept 22 (Reuters) - U.S. stocks slipped on Wednesday, ending the Dow's five-day winning streak, following Adobe's discouraging revenue outlook and investors' disappointment over Microsoft's new dividend.

Investors also weighed the impact of the Federal Reserve's statement on Tuesday, which indicated the central bank was edging closer to pumping hundreds of billions of new dollars to stimulate the sluggish economy.

The Dow Jones industrial average <.DJI> dipped 21.72 points, or 0.20 percent, to 10,739.31. The Standard & Poor's 500 Index <.SPX> slipped 5.50 points, or 0.48 percent, to 1,134.28. The Nasdaq Composite Index <.IXIC> lost 14.80 points, or 0.63 percent, to 2,334.55.

NYMEX-NEW YORK, Sept 22 (Reuters) - U.S. crude oil futures prices slipped on Wednesday after a government report showed U.S. oil inventories rose, offsetting earlier lift from a weak dollar hammered by expectations that the Federal Reserve is prepared to pump billions of dollars into the weak economy.

U.S. oil demand remained sluggish and crude oil stockpiles rose last week despite expectations that a shut pipeline carrying Canadian crude to the United States would curb imports, a report from the U.S. Energy Information Agency showed.

On the New York Mercantile Exchange, November crude fell 26 cents, or 0.35 percent, to settle at $74.71 barrel, trading from $73.84 to $76.

CBOT-CHICAGO, Sept 22 (Reuters) - Chicago Board of Trade grain and soy complex close on Wednesday.

CBOT-SOYBEANS - November up 8-1/2 cents at $10.88-1/2 a bushel. Large sale of U.S. soy to China and some concern about dryness in South America that may slow soy seedings lift the market but gains limited by profit-taking.

CBOT-SOYOIL - October up 0.45 cent at 42.87 cents per lb.

FCPO-KUALA LUMPUR, Sept 22 (Reuters) - Malaysian palm oil and its rival U.S. soyoil recorded small gains on Wednesday as traders waited for more news on weather in key grain producing regions in the Americas and Asia.

Chinese financial markets are closed for the rest of this week, giving few cues to vegetable oil trade.

Malaysia's benchmark December palm oil contract inched up 0.1 percent to close at 2,673 ringgit ($864.7) in choppy trade in Asian trade hours, and Chicago soyoil for October climbed 0.6 percent.

A dry winter in Latin America has delayed soy plantings, possibly leading to slow harvests and tight supplies for crushing into soyoil. Erratic weather in the U.S. and ongoing reports of low corn yields have helped lift global agriculture markets.

REGIONAL EQUITIES-BANGKOK, Sept 22 (Reuters) - Most Southeast Asian stock markets fell on Wednesday as investors cashed in early gains in big-caps amid concern about the sustainability of the global economic recovery.

Despite the weakness, several markets pulled in more foreign money as international investors looked to Asia for returns from equities, especially after the U.S. Federal Reserve hinted it might take further steps to boost the U.S. economy.

Weak indications from European and U.S. markets helped fuel late selling, traders said, with European shares <.FTEU3> extending losses to 1.2 percent by 0956 GMT and U.S. stock futures <.DJZ0> pointing to a lower start, down 0.19 percent.

The Straits Times Index <.FTSTI> ended flat, coming off a 27-month high. Malaysia's main share index <.KLSE> fell 0.08 percent, having hit a 32-month high, while Indonesia <.JKSE> fell 0.6 percent, after setting a record high on Tuesday.

Breaking News-RTRS-Oil World sees ample global soybean supplies

HAMBURG, Sept 21 (Reuters) - Global soybean supplies in the new 2010/11 season are likely to be ample with a smaller crop still exceeding consumption and weaker prices likely, Hamburg-based oilseeds analysts Oil World said on Tuesday.
Oil World has raised its forecast of the global 2010/11 soybean crop by 1.7 million tonnes from its previous August estimate to 258.92 million tonnes, above forecast global consumption of 256.40 million tonnes.
This would still be down from last year's record crop of 260.64 million tonnes while consumption will grow from 237.8 million tonnes last season.

Breaking News-RTRS-Biofuels to keep edible oil supply tight-Oil World

HAMBURG, Sept 21 (Reuters) - Rising global biofuel production will keep global vegetable oil supplies tight in coming months, possibly keeping prices high, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.

Trader's Highlight

DJI-NEW YORK, Sept 21 (Reuters) - U.S. stocks slipped on Tuesday as caution before the results of the Federal Reserve's monetary policy meeting kept traders on the sidelines after the S&P 500 broke out of a trading range in the prior session.

After the Fed's August meeting, the U.S. central bank issued a bleak assessment of the economy and the S&P 500 tumbled more 4 percent over the next four days. Investors are hoping that improved economic data since then will mean a more upbeat outlook.

The Dow Jones industrial average <.DJI> edged 17.37 points, or 0.16 percent, lower to 10,736.25. The Standard & Poor's 500 Index <.SPX> fell 4.08 points, or 0.36 percent, to 1,138.63. The Nasdaq Composite Index <.IXIC> slipped 6.97 points, or 0.30percent, to 2,348.86.

NYMEX-NEW YORK, Sept 21 (Reuters) - U.S. crude oil prices fell for the fifth time in six days on Tuesday, sliding amid high oil inventories and the Federal Reserve's continued concern about sluggish economic recovery.

The front-month October crude contract expired on Tuesday, helping keep pressure on the front month and nearby months, industry sources said.

On the New York Mercantile Exchange, expiring October crude fell $1.34, or 1.79 percent, to settle at $73.52 a barrel, trading from $72.81 to $74.60.

CBOT-CHICAGO, Sept 21 (Reuters) - Chicago Board of Trade grain and soy complex close on Tuesday.

CBOT-SOYBEANS - November down 4-1/2 cents per bushel at $10.80 a bushel. Profit-taking after Monday's rally to a one-year high. Underpinned by dryness in South America and an additional sale of U.S. soy to China.

CBOT-SOYOIL - October down 0.23 cent per lb at 42.42 cents per lb. Profit-taking and pressure from lower crude oil.

FCPO-KUALA LUMPUR, Sept 21 (Reuters) - Most vegetable oil prices dipped on Tuesday as traders booked some profits after concerns of dry weather in the Americas and frost in China and Canada drove markets up the previous day.

Malaysia's December palm oil dropped 1.3 percent to close at 2,674 Malaysian ringgit, easing from a five-week high on Monday.

The most active May soyoil contract on China's Dalian Commodity Exchange fell 0.2 percent after touching a record high the previous day.

REGIONAL EQUITIES-COLOMBO, Sept 21 (Reuters) - The Philippine stock market hit another record high on Tuesday, led by demand for telecom shares
due to optimism about their earnings, while Thailand rose 1.5
percent, helped by continued foreign buying.

Asian stock markets overall were subdued ahead of a U.S. Federal Reserve interest rate review later in the day but with a firmer bias after a positive lead from Wall Street overnight. The MSCI index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was up 0.6 percent at 1016 GMT.

Malaysia <.KLSE> gained 0.4 percent, while Singapore's Straits Times Index <.FTSTI> gained 0.5 percent to hit a 27-month high.

Shares in commodities firm Noble Group rose 8.4 percent after it agreed to acquire a U.S.-based energy retailer for $317 million.

Shipbuilder JES International surged 56.5 percent to a 26-month high after DBS Vickers initiated coverage of the firm with a "buy" rating.

Trader's Highlight

DJI-NEW YORK, Sept 20 (Reuters) - The S&P 500 <.SPX> hit a four-month high and pushed through a pair of resistance levels on Monday, driving more traders into the market and extending the month's gains.

The S&P 500 has struggled to make a sustained move above 1,130 since June, most recently making an intraday break through it on Friday. Some traders expect a breakout if the index holds above the level on solid volume.

The Dow Jones industrial average <.DJI> was up 133.96 points, or 1.26 percent, at 10,741.81. The Standard & Poor's 500 Index <.SPX> was up 14.89 points, or 1.32 percent, at 1,140.48. The Nasdaq Composite Index <.IXIC> was up 32.54 points, or 1.41percent, at 2,348.15.

NYMEX-NEW YORK, Sept 20 (Reuters) - U.S. crude oil prices rose on Monday, snapping a string of four consecutive lower settlements, and tracking broad gains in equity markets that were lifted by optimism about the strength of the economic recovery.

Oil prices also received a lift from an expected drop in crude oil inventories in the United States following the outage last week on one of the main pipelines delivering crude from Canada.

On the New York Mercantile Exchange, October crude rose $1.20, or 1.63 percent, to settle at $74.86 a barrel, trading from $73.32 to $75.45.

CBOT-CHICAGO, Sept 20 (Reuters) - Chicago Board of Trade grain and soy complex close on Monday.

CBOT-SOYBEANS - November up 15-1/2 cents per bushel at $10.84-1/2 a bushel. Hit a one-year high on concerns about dryness in portions of South America's crop region, a freeze in Canada that may have harmed immature canola, and a freeze in China. China's Dalian soy and corn markets were up sharply.

CBOT-SOYOIL - October up 0.74 cent at 42.65 cents per lb. Following strength in soybeans.

FCPO-KUALA LUMPUR, Sept 20 (Reuters) - Global vegetable oil markets surged on Monday as investors took positions on concerns a dry spell may curb grain output in the Americas.

Agriculture markets have been moving higher on concerns erratic weather across the globe will limit supplies for the food sector, potentially stoking inflation in China.

The most active May soyoil contract on China's Dalian Commodity Exchange hit a fresh record and RBD palm olein futures jumped as much as 3.8 percent ahead of China's long holidays that start on Wednesday.

The benchmark December crude palm oil contract on Bursa Malaysia closed 81ringgit higher at 2,720 ringgit ($876.5) after hitting five-week highs earlier in the session. U.S. soyoil for October delivery climbed 2 percent.

REGIONAL EQUITIES-BANGKOK, Sept 20 (Reuters) - Philippine stocks hit another all-time high on Monday as optimism over earnings pushed banks up, but other markets in the region were mixed ahead of a U.S. Federal Reserve meeting on Tuesday to review interest rates.

The Philippine share index <.PSI> finished 1.9 percent higher at the day's high of 4,053.32 and the market saw $44 million of foreign money flow in, the biggest daily inflows in a week, Thomson Reuters data showed.

Singapore's Straits Times Index <.FTSTI> inched up 0.15 percent, erasing some of its early gains to close below recent 27-month highs, but Malaysia <.KLSE> rose 0.19 percent, although below a 32-month peak hit last week.

Trader's Highlight

DJI-NEW YORK, Sept 17 (Reuters) - Global stocks wavered and oil prices sank on Friday after a worse-than-expected reading of U.S. consumer sentiment pricked optimism over upbeat earnings from Oracle, while gold prices hit a third high for the week.

The Dow Jones industrial average <.DJI> closed up 13.02 points, or 0.12 percent, at 10,607.85. The Standard & Poor's 500 Index <.SPX> added 0.93 point, or 0.08 percent, to 1,125.59. The Nasdaq Composite Index <.IXIC> climbed 12.36 points, or 0.54 percent, to 2,315.61.

NYMEX-NEW YORK, Sept 17 (Reuters) - U.S. crude oil futures ended lower for a fourth day on Friday, posting the biggest weekly percentage loss in five weeks, as downbeat consumer sentiment shown in a poll stoked fresh concerns about oil demand.

On the New York Mercantile Exchange, crude for October delivery settled down 91 cents, or 1.22 percent, at $73.66 a barrel, after trading from $72.75 to $75.25.

CBOT- CHICAGO, Sept 17 (Reuters) - Chicago Board of Trade grain and soy complex close on Friday.

CBOT-SOYBEANS - November up 32-3/4 cents at $10.69 per bushel. Climbed to highest spot soy price in a month on continuous price charts, buoyed by strength in corn and technical buying. Worries about dryness in northern Brazil, frost in Canada's Alberta canola region and forecasts for frost in northeast China add support. Drier weather in the U.S. south and in the Delta will favor harvest activity and also buoy prospects for winter wheat seeding.

CBOT -SOYOIL - October up 0.55 cent at 41.91 cents per lb. Following soybeans higher.

FCPO-KUALA LUMPUR, Sept 17 (Reuters) - Malaysian crude palm oil futures gained 1.2 percent on Friday after touching a near two-week low earlier in the day as a surge in corn prices spread to other agriculture commodities.

The benchmark December crude palm oil contract on Bursa Malaysia Derivatives Exchange rose 31 ringgit to settle at 2,627 ringgit ($843.1) per tonne after falling to 2,598 ringgit -- a level unseen since Sept. 6.

REGIONAL EQUITIES-BANGKOK, Sept 17 (Reuters) - Indonesian stocks hit an all-time high on Friday on strong blue chips and commodity shares, while the rest of Southeat Asia ended mixed after a strong week marked by brisk foreign buying.

Singapore <.FTSTI> fell 0.4 percent but still hovered near a two-year high. Malaysia <.KLSE> edged 0.13 percent lower but at one point touched its highest in 2-½ years. Thailand <.SETI> lost 0.13 percent and the Phillippines <.PSI> shed 0.7 percent after an early rise to a record high.