Here's Why Brighter Days Are Ahead for Goldman Sachs and the Financials Sector

Goldman Sachs' fixed income, currency and commodities division helped the investment bank beat earnings and revenue estimates for the third quarter and one analyst expects the division to keep delivering.
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Goldman Sachs' (GS) - Get Report fixed income, currency and commodities division helped the investment bank beat earnings and revenue estimates for the third quarter and one analyst expects the division to keep delivering. FICC revenue rose 34% year-over-year to $1.96 billion amid volatility stemming from the June 23 Brexit vote. "I don't think there's any suggestion that's going to tone down," said Craig Erlam, senior market analyst at Oanda, based in London. "We may not see the huge sparks in volatility like we saw around Brexit, but already this month we saw a flash crash in the pound." TheStreet's Scott Gamm reports from Wall Street.