I have simplified the code by placing the origin at (0,0,0).
The point of view can be set using:
\tdplotsetmaincoords{70}{110} % rotation about the x and y axis
The black arc rotation can be set using:
\tdplotsetrotatedcoords{0}{0}{-5} % rotation about the x, y and z axis

\documentclass[tikz,border=10pt]{standalone}
\usepackage{tikz-3dplot}
\begin{document}
\tdplotsetmaincoords{70}{110} % point of view
\tdplotsetrotatedcoords{0}{0}{-5} % black arc rotation (x,y,z)
\begin{tikzpicture}[tdplot_main_coords,scale=1]
%draw the axes
\draw[blue,->] (0,0,0) -- (2,0,0) node[anchor=south]{$x$};
\draw[blue,->] (0,0,0) -- (0,2,0) node[anchor=north]{$y$};
\draw[red,->] (0,0,0) -- (0,0,2) node[anchor=west]{$z$};
% draw arcs
\draw[canvas is yz plane at x = 0, opacity = 0.2, line width = 1pt]
(0,0) arc (0:90:1);
\draw[canvas is yz plane at x = 0, opacity = 0.2, line width = 1pt]
(0,0) arc (0:-90:-1);
\draw[canvas is xz plane at y = 0, opacity = 0.2, line width = 1pt]
(0,0) arc (0:-90:-1);
\draw[tdplot_rotated_coords, canvas is zx plane at y = 0, line width = 1pt]
(0,0) arc (90:0:1);
\end{tikzpicture}
\end{document}
Animated version (just for fun):

The code:
\documentclass{beamer}
\usepackage{tikz,tikz-3dplot}
\setbeamertemplate{navigation symbols}{}
\tikzset{
invisible/.style={opacity=0},
visible on/.style={alt={#1{}{invisible}}},
alt/.code args={<#1>#2#3}{%
\alt<#1>{\pgfkeysalso{#2}}{\pgfkeysalso{#3}}
},
}
\begin{document}
\tdplotsetmaincoords{70}{110} % point of view
\tdplotsetrotatedcoords{0}{0}{0} % black arc rotation (x,y,z)
\begin{frame}
\centering
\begin{tikzpicture}[tdplot_main_coords]
%draw the axes
\draw[blue,->] (0,0,0) -- (2,0,0) node[anchor=south]{$x$};
\draw[blue,->] (0,0,0) -- (0,2,0) node[anchor=north]{$y$};
\draw[red,->] (0,0,0) -- (0,0,2) node[anchor=west]{$z$};
% draw arcs
\draw[canvas is yz plane at x = 0, opacity = 0.2, line width = 1pt]
(0,0) arc (0:90:1);
\draw[canvas is yz plane at x = 0, opacity = 0.2, line width = 1pt]
(0,0) arc (0:-90:-1);
\draw[canvas is xz plane at y = 0, opacity = 0.2, line width = 1pt]
(0,0) arc (0:-90:-1);
\foreach \i in {0,...,10}
\tdplotsetrotatedcoords{0}{0}{\i*36}
\draw[tdplot_rotated_coords, thick,visible on=<\i>,
canvas is zx plane at y = 0, line width = 1pt]
(0,0) arc (90:0:1);
\end{tikzpicture}
\end{frame}
\end{document}
ImageMagick command to produce the animated gif:
convert -verbose -delay 12 -loop 0 -density 300 i.pdf o.gif
animated git. – cfr Jul 31 '15 at 12:54animated gitin place ofanimated gif. Two meanings of 'git': slang term for somebody obnoxious, or the version control system. I just found the idea of animating either amusing. I should probably have kept my amusement to myself. – cfr Jul 31 '15 at 20:36