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

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

Here’s Lutz:

Good Morning! SPX adding to its record close, but Nasdaq is the upside leader as we await the new iPhone. Havens continue to see selling as risks from Irma and Korea fade, with Gold, Treasuries and Swissie all lower. Continental Europe seeing another nice rally day, with DAX climbing 60bp with Insurers adding to yesterday’s gains and Chipmakers acting well into AAPL event later. FTSE is underperforming as Sterling rips higher, and the Homebuilders are getting hit on Redrow headers and BofA downgrades. Volumes strong, with DAX trading 60% above recent trends. In Asia, Nikkei leap continues, adding 1.2% overnight led by the “Mothers” index – Shanghai and Hang Seng up small as property stocks floundered – KOSPI adds 30bp – Aussie up 60bp as Banks and Miners rallied.

US 10YY is back to 2.15% as Bunds are getting Sold again and Fed Funds for December hike at 35%, up from 25% yesterday. DXY is well bid despite Sterling nearing $US1.33 as UK Inflation leaps higher and Krona jumping as Sweden inflation comes in hot as well. The Kiwi$ popping on Election headers, but Euro is breaking further downside $US1.2 and Renminbi was fixed sharply lower again. Ore pops almost 3% overnight in China, but like yesterday copper is under pressure, dropping 1% as Irma damage estimates recede. Oil off small as peeps try and sort Hurricane impact, while Gasoline stays well bid.

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