Physical literacy - The development and repeated use of fine motor skills, balance, confident movement, and the enjoyment of being able to move with skill. Developing this literacy at an early age allows children to learn and think more easily. However, improving physical literacy is important at every age.
Emotional literacy - Identifying, validating, and expressing your feelings, as well as recognizing and responding to the feelings of others.
How do these relate to one another? Having competent physical literacy is a fundamental tool for the development and expression of emotional literacy. In other words, the more comfortable you are in your own body, the more in tune you will be with your own feelings, and the more in tune you will be with the world.
Sources: Physical Literacy is Foundational to Health and Development and What is Emotional Literacy?