The seasonally adjusted unemployment rate in the Netherlands, the fifth-largest economy in the euro zone, held at 5.1 percent in April, according to the median estimate of three economists in a Bloomberg survey.
National statistics bureau CBS is scheduled to release the data at 9:30 a.m. local time.
WHAT TO WATCH: *AND (AND NA) starts joint venture with Indian SatNav *ECB’s Nout Wellink said bank’s president Jean-Claude Trichet could succeed Dominique Strauss-Kahn at the IMF. *Reesink (ALRRE NA) 1Q sales rise 9%, profit advances 58% *TNT (TNT NA) price est. cut to EU19.30 from EU20 at TNT
EARNINGS: Preliminary ests, when available, all times CET *BAM Groep (BAMNB NA) 07:30 a.m., 1Q net EU19.5m *Heijmans (HEIJM NA) 1Q trading update *AamigoO (AMIGO NA) 1Q earnings
CONFERENCES/CORPORATE EVENTS: *AGM: BALNE NA, SPYKR NA, BRILL NA, REESC NA, PORF NA *IPD European Property Investment Conference: INGA NA, Amsterdam *Houlihan Lokey Global Industrials Conference: AMG NA, New York
MARKETS: *The Amsterdam Exchanges Index (AEX) rose 0.4 percent to 349.10. *The Stoxx Europe 600 Index advanced 0.3 percent to 278.17. *The Euro was at $1.4286 at 7:23 a.m. *The Dutch 10-year bond yield was 3.387 percent at 7:23 a.m.
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