*UK Jan Final Composite Output Index 50.6 Vs. 50.4 In December

U.S. Dollar Falls As China Retaliates Against U.S. Tariffs

Oil Prices Slide After Inventory Build

*UK Jan Final Services PMI 50.8 Vs. 51.1 In Dec, Flash 51.2

*Italy Dec Retail Sales Up 0.6% On Year Vs. +1.1% In November