The next supercycle? – The Hindu (Sep 08, 2017)

The next supercycle? – The Hindu (Sep 08, 2017)

Global commodities have witnessed a bull run over the last 12 months, reviving hopes of the beginning of the next supercycle in commodity prices. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-2 (To Improve English Vocabulary)

1. ( commodities) super cycle (noun) – it is the longest period in the growth/ rising of commodity prices in the global economy and financial markets before the prices of many commodities have also fallen to attractive levels.
2. stoke (verb) – (of emotional activity/tendency) encourage, incite, increase.
3. rebound (verb) – recover, pick-up, rally (increase in something (value, amount) after a decline).
4. bull run (noun) – a period of time when prices rise on a financial market.
5. revive (verb) – reintroduce, re-establish, restore.
6. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
7. reminiscent (adjective) – similar to, comparable with, bearing comparison with.
8. curb (noun) – limitation, restriction, control.
9. rally (noun) – recovery, upturn, improvement (after decline).
10. anticipation (noun) – expectation, prediction.
11. steep (adjective) – (of a rise or fall in an amount) sharp, sudden, rapid.
12. outlier (noun) – it is an observation/data point that is distant/different in value from other observation/data points.
13. shale industry (noun) – an industry of mining and processing of oil shale. shale is a fine-grained sedimentary rock in which natural gas is trapped underground.
14. run-up (noun) – a significant rise in the value of something.
15. vis-a-vis (preposition) – in relation to, with regard to.
16. euphoria (noun) – elation, excitement, delight/happiness.
17. in tandem (phrase) – along side each other.
18. outlook (noun) – prospects/expectations, lookout, future.

Note:  

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