The French Mediterranean town of Nice was rocked by a suspected terrorist attack last night leaving 84 dead. According to a French prosecutor, 202 have been injured, 52 of which are in critical care.

A large truck ploughed into crowds celebrating Bastille Day, a public holiday marking the French Revolution. The driver of the truck was shot dead by police. Authorities said Mohamed Lahouaiej Bouhlel, a 31-year old Nice resident born in Tunisia, was firing into the crowds as he drove. They have also said that the truck was filled with weapons and grenades, although they have been reported to be fakes.

Witnesses say the driver was zigzagging to ensure he hit as many people as possible during the attack. More than 50 children have been admitted to hospital with injuries.

French President Francois Hollande said the attack was "terrorist in nature". No group has claimed responsibility for the attack. Hollande has extended the country's state-emergency for a further three months.

France has been under a state of emergency since November last year when Islamic extremists attacked France's capital Paris killing 130 people. French Prime Minister Manuel Valls said there will be three days of national mourning starting from Saturday.

The attack in Nice is the third terrorist attack in France since January 2015, when extremists forced their way into the office of weekly satirical newspaper Charlie Hebdo, killing 11 and injuring 11 others.

Two Americans have been named among the victims, Buzzfeed has identified them as Sean Copeland and his son Brodie from Texas.

President Barack Obama has condemned the attack "in the strongest terms."

The Cac 40 in Paris fell 0.30% at 4,372.51. The Dax in Frankfurt was down 0.01% at 10,066.90 and in London the FTSE 100 edged up 0.22% at 6,669.24.

Brent crude was recently up 0.68% at $47.69 per barrel.

Airline shares were mixed with Air France-KLM down 1.6%, International Consolidated Airlines down 0.9% and Lufthansa (DLAKY)  down 0.8%.

Discount airline EasyJet   (ESYJY)   fell almost 3%, while Ryanair   (RYAAY - Get Report)   dropped close to 2%.

In Paris, hotel group Accor   (ACCYY)   was down more than 3% after posting strong gains on Tuesday on a restructuring plan involving its property subsidiary.

Final June eurozone inflation data from the European Union's statistics agency confirmed an inflation rate of 0.1% in June, up from minus 0.1% in May, as prices in restaurants and cafes, of rentals and of tobacco products mitigated against declines in energy-related sectors.

Watchmaker Swatch (SWGNF)  fell nearly 7.8% in Zurich after it said it will next week report a halving, or worse, of first-half profit after the strong Swiss franc dented sales in key markets. Rival Richemont (CFRUY)  was down more than 3%.

The German 10-year government bond climbed 4 basis points to 0.0%, rising above 0% for the first time since the June 23 U.K. referendum.

The euro dropped 0.52% against the dollar to $1.1062.

The pound recently weakened 1.26% against the dollar to $1.3177.