Not only the central-bank filled volatile week but the weekend updates were also interesting and allowed traders to consolidate the previous moves amid early Monday. Among them, headlines surrounding Russia, China and Swiss National Bank (SNB) gained major attention.

Doubts over Putin’s power ease geopolitical woes

“Heavily armed Russian mercenaries withdrew from the southern Russian city of Rostov under a deal that halted their rapid advance on Moscow but raised questions on Sunday about President Vladimir Putin's grip on power,” said Reuters.

The news also states that fighters of the Wagner group began heading back to their bases late on Saturday in return for guarantees for their safety. “Their commander, Yevgeny Prigozhin, will move to Belarus under the deal mediated by Belarusian President Alexander Lukashenko,” adds Reuters.

While reacting to the news, U.S. Secretary of State Antony Blinken suggested the turmoil in Russia could take months to play out, while Italy's foreign minister said it had shattered the "myth" of Russian unity, per the news