We have two economic reports set for release tomorrow morning, starting with the ADP Employment report at 8:15 AM ET. This report has the potential to cause some movement in the markets if it shows much stronger or weaker numbers. It 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 accurate in predicting results of the monthly government report that usually follows a couple days later. Still, because it covers March, we could see a noticeable reaction to the results. Market participants are expecting it to show that approximately 175,000 private-sector jobs were lost during the month. The larger the decline, the better news it is for mortgage rates.