Here's a super-quick guide to what traders are talking about right now

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Traders in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) fill orders March 3, 2017 in Chicago, Illinois.

Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets.

• Gold is trading at a 10-month high.
• Global markets are mixed this morning.
• Bitcoin and Ethereum crashed over the weekend.

Here's Lutz:

Good Morning! US Futures are Clawing back from 2460 tick yesterday AM, and the Russell Minis just went green. Havens are bid, but off peaks - Gold at 10month highs and the Yen and Swissie slight bid. Euro stocks have recovered yesterday's weakness, with the DAX up 40bp. Defense stocks acting well thanks to UTX for COL, while Autos leading to upside on better German sales. FTSE is more quiet, as weakness in the Financials weigh on the FTSE. Volumes are very light, with London trading 30% below trend, and Germany 40%. In Asia, KOSPI lost small as Samsung jumped 1.5% on their latest smartphone launch - TOPIX down 80bp led by 1.5% drop in Tech shares as that smallcap "mothers" index was smoked for 5% again - Shanghai up 15bp, and Aussie added small as miners rallying

Ahead of a full calendar of Fed speakers, All eyes are on the 4week auction at 1pmET today - Bills maturing in one monthcontinue to see stress, yielding 1.23% now (vs. those maturing this week for 90bp). The US 10YY is off small, but the Greenback is showing a little life. Euro weaker despite better PMI into the ECB decision Thursday - A$ bid after a hawkish Central Bank statement, while Bitcoin 20% below high tick this weekend as China and Hong Kong restrict ICOs. Rebar jumping another 3% so far this week on Benxi Fire, that coupled with China PMI has Copper up another 1.5%. WTI is adding 1.5% as Refineries come back online and Irma approaches the Caribbean. Gasoline is down nearly 4%, and back to Pre-Harvey levels

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