Europe midday: Stoxx up on rate cut hopes; Big US banks in focus
The pan-European Stoxx 600 index was up 0.32% to 521 after the US consumer price index fell by 0.1% in June from the previous month for an annual rate of 3% against expectations of an increase of 0.1% and 3%. France's CAC 40 outperformed the Stoxx, up …