alix: sean darby, you will stay with us.e it, rapidfire, anything, "what you think about this? what do you think about my rent?" [laughter] alix: we have the biggest rally since 2009 in s&p. now off about .5%. european equities down modestly. i mean, you did have some kind of optimism rebound yesterday in china-u.s. trade. no surprise you will see this kind of pause in the risk appetite we have seen. i am looking at the currency market in many different levels. first one, the cable rate, our worst performing currency pair. david: why do you think that is? alix: i cannot keep track of what the next headline will be. i want to highlight what will happen with the yuan, down by about .5%. aboutrve, let's talk that, now i-16 basis points as the market rerate's fed expectations once again. it was true, down about .6%. so we have the ecb account, they do not collect the minutes, from the meeting, and we want to take a look at what they said. they said the risks are still balanced. even when they cut their growth forecast, is still

. >> we want to thank sean darby for being with us from jeffer jefferees. couldimagine he's cautiously optimistic and likes health care futures up now 186 we'll be right back. and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today. >>> market optimism after a stomach-churning december. suddenly the dow and s&p is poszive fposz i positive past five days. >>> a glimpse of carlos ghosn held by japanese authorities since november, the ousted nissan chairman appears in court. we're going to bring you a live report on his defense. >>> and it's do or die for sears. the all-american retailer gets its fate this morning. the final hour of "squawk box" begins ri