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


chicago board options exchange traders

Getty Images

Traders monitor prices in the Standard & Poor's 500 stock index options pit near the open of trade at the Chicago Board Options Exchange (CBOE) on September 17, 2015 in Chicago, Illinois.


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

Here's Lutz:

Morning! S&P adding to its 2nd worst session in 2017, dropping small into Options Expiry today. Havens are on the move - Swissie, Yen, Gold and Bunds are all bid early. A big sea of red in Europe, with the DAX off 50bp, and Madrid off 1%. Travel stocks are the worst performers on all major European Exchanges, paced by a 2% drop in IAG, but all rallying from opening lows. US Airlines were hit for 4.5% yesterday. London down 1% as Pound rallies - every sector on FTSE looks red, paced by a 1.5% drop in Healthcare. Volumes are decent, pacing just ahead of their average turnover. In Asia, TOPIX off 1% as the Yen rallied - Hang Seng lost 1.1% led by a 3.5% hit in Lenovo - Shanghai up small - KOSPI shrugs off Tillerson comments, closing off small - and Aussie down 60bp amid a wave of earnings.

German Yields down 2bp and thru week's lows, but starting to see some profit-taking as more Americans man their terminals. US 10YY is barely positive, holding just above yesterday's 2.18% low. Dollar is under pressure again, with the Euro bouncing from 3week lows and Sterling nearing $1.29. Eyes are on the $/Y, with a test of 109 and last week's low test upcoming. Metals continue their upward trajectory - Ore rallies 2%, capping a 5% advance this week despite headers that China home price growth slows. Zinc, Lead and Platinum all up 1%+ this AM, while Copper is barely bid - but Gold adds another 70bp. WTI barely holding the gains from late yesterday, while Natty is off almost 1%.

Get the latest Bitcoin price here.