THE CRA PERSPECTIVE GLOBAL MARKETS • MONTHLY WRAP September 2026 The Month That Bonds, Oil & Geopolitics Redefined Global Markets A comprehensive review of the world's leading markets, central banks, commodities, currencies, equities, geopolitical risks and the forces shaping Q4 2026. SEPTEMBER 2026 • GLOBAL MARKET REVIEW The Month in One Sentence September 2026 was a month in which rising borrowing costs, higher crude oil prices and geopolitical uncertainty collided with resilient equity markets and powerful AI optimism. The most important development was not simply what happened to stock prices. It was the change taking place underneath them. Government bond yields surged across major economies. Crude oil returned above the $100-per-barrel zone. Central banks adopted or maintained tighter positions. The US dollar strengthened against several major currencies. And yet global equities remained surprisingly resilient. For India...
Hailstones are one of nature’s most fascinating and sometimes destructive weather phenomena. These frozen spheres of ice can range in size from tiny pellets to massive chunks that cause significant damage to property, agriculture, and even human lives. But how do hailstones form, and what makes them so powerful? Let’s dive into the science and impact of hail. How Hailstones Form Hailstones originate within strong thunderstorms that contain intense updrafts, supercooled water droplets, and varying air temperatures. The formation process occurs in several stages: Supercooled Water Droplets: Within a thunderstorm, water droplets are carried high into the atmosphere where temperatures are below freezing. Ice Nuclei Formation: The supercooled droplets attach to tiny particles like dust or dirt, forming a small ice pellet. Updraft Circulation: Powerful updrafts carry the pellet upward, where more supercooled droplets freeze onto it, causing it to grow. Layered Growth: As the hailstone mo...