Emerging-market indicators.

Asian economies are proving resilient despite worries about global prospects. In China, industrial production leapt by 19.8% in the 12 months to February. Industrial output rose by 6.4% in India in the 12 months to January. Industrial output in Turkey rose by 13.2% in the year to January. The Australian dollar has experienced the biggest appreciation against the American dollar this year of all the currencies in the chart. Egypt's government floated the pound in January, but its foreign-exchange reserves continue to dwindle.