Daily summary

The German automaker Volkswagen stock rally continues and the shares up for the fourth consecutive day. "The Group aims to be the global market leader for electric mobility by 2025 at the latest," Volkswagen said

The US retail sales dropped by 3% following revised data showing a rise of 7.6% in January and lower than the -0.5% decline forecast.

European stocks and the Euro trading higher boosted by better-than-expected German economic data. Germany Zew economic sentiment rose to 76.6 points in March from 71.2 the previous month.

US stock futures climbed to fresh session highs on Monday. During the last week, the US indices touched a record high levels, the Dow gained nearly 4% while the S&P 500 and the NASDAQ both added more than 2%.

On Wednesday, the U.S. Commerce Department released the latest retail sales data. The data showed the retail sales for January increased stronger than anticipated, with a sharp gain of 5.3% against expectations of 1.1%.