Tuesday does not have anything scheduled that we need to be concerned with. Wednesday has two releases set for release, starting with May's ADP Employment report before the markets open. It has the potential to cause some movement in the markets if it shows much stronger or weaker numbers than expected. This report tracks changes in private-sector jobs, using ADP's payroll processing clients as a base. While it does draw attention, it is my opinion that it is overrated and is not a true reflection of the broader employment picture. It also is not very accurate in predicting results of the monthly government report that follows a couple days later. Still, because we sometimes see a reaction to the report, we will be watching it. Analysts are expecting it to show that 9.5 million private sector jobs were lost during the month as a result of the pandemic and shutdown. The larger decline in jobs, the better the news it is for mortgage rates.