Greece

People are scared, the market is uncertain and the world is for all intents and purposes in a constant state of turmoil and flux.

"Paris prosecutor says Abaaoud was been identified dead at the scene by his fingerprints. His body was found "riddled with impacts."

Overnight none other than the German Interior Minister Thomas de Maiziere said that the "Syrian passport found next to a suicide bomber in the Paris terror attacks may have been planted." “There are indications that this was a planted lead, but it still can’t be ruled out that this was indeed an IS terrorist posing as a refugee,” he told reporters in Berlin on Tuesday, referring to Islamic State, which France blames for organizing the violence.

In the first major protest by farmers in several years, bus-loads of men and women arrived from across Greece to protest the looming over-taxation and social security changes exclaiming that these government-enforced, Quadriga-mandated changes will affect the country’s primary production and crash those who sole income comes from farming, breeding and fishing. The infamous Syntagma Square saw oranges and water bottles met with police tear gas and sound cannons as European social tension continues to roil...

• Security jitters drive European investors back to safe havens (Reuters)
• Global Anti-ISIS Alliance Begins to Emerge (WSJ)
• Merkel says cancelling soccer match was 'responsible' decision (Reuters)
• Paris attacker may have had accomplice on journey through Balkans (Reuters)
• Drop Assad demands if you want to unite against Islamic State: Russia to West (Reuters)
• Putin sets up commission to combat terrorism financing (Reuters)

If this weekend's gruesome terrorist attack on Paris ended up being hugely bullish for stocks, then two subsequent events, a stadium-evacuation scare in Hannover (where Angela Merkel was supposed to be present) and a raid in north Paris which left several dead in the ongoing manhunt against the alleged ISIS mastermind, appear to have but some question into if not stocks then algos whether a rising wave of terrorist hatred across Europe is truly what central bankers need to unleash more QE. That said, we expect the current weakness to last only until the traditional USDJPY carry ramp pushes stocks traditionally higher.

Observing a moment of silence for the victims of last Friday's massacre in the streets of Paris has become something of a global phenomenon at everything from sporting events to stock exchanges and generally speaking, everyone has been outwardly happy to oblige. Well, not Turkish soccer fans...

Who would have thought terrorism is so good for stocks.

As Europe grapples with political turmoil in the periphery stemming partly from voters' collective frustration with years of austerity, RBS takes a look at the history of European expenditure cuts and how they correlate to anti-government demonstrations, riots, assassinations, general strikes, and attempted revolutions. 

• Belgian Police 'Arrest' Public Enemy No.1 (Sky News)
• France Widens Crackdown at Home as Bombs Rain on Islamic State (BBG)
• Putin Goes From G-20 Pariah to Player at Obama Turkey Talk (BBG)
• Paris Attacks: 150 Raids as France Goes to 'War With Terrorism' (NBC)
• 'Rocket Launcher Found' In French Police Raids (Sky)
• Geopolitical worries lift oil after Paris attacks, but glut weighs (Reuters)
• Japan's economy falls back into recession again (BBC)

As the third day after the Paris attacks dawns, and hours after France launched an unprecedented blitz airstrike on the Islamic State "capital" of Raqqa (located in the sovereign state of Syria), here are the latest developments following the worst European terrorist attack in the past decade.

The already laughable story that the passport of a Syrian refugee had been found next to the bodies of one of the dead terrorists took an even more surreal twist when we learned hours ago that according to both French and US sources, the passport was most likely a fake.

Back in July, during the depths of Greece's fraught bailout negotiations, we noted that the market cap of MSCI Greece was the same as Bed, Bath and Beyond. Well, if you've ever wondered how your favorite US companies stack up against other emerging economies, BofA is out with the full, updated global companies versus countries map.