Markets across Europe dip as EM sell-off continues

Markets across the continent were lower in morning trading as investors reacted to heavy selling in emerging markets.

The FTSE 100 was off 0.2% at 6,487 points, while the German DAX was down 0.1% at 8,380 and the French CAC 40 was down 0.6% at 4,101, following the sell-off overnight. Emerging market stocks have suffered significant outflows in recent months, and shares fell for the third day in a row. Many Asian markets fell, with Taiwan, Korean and Indonesian indices suffering losses. The falls in emerging markets can be attributed partly to the US' plans to taper its stimulus measures this year, amid signs the country's economy has turned a corner. However, despite a general move to sell shar...