Individuals benefit from the seaside amid the coronavirus pandemic in Huntington Seashore, California on June 14, 2020.APU GOMES | AFP | Getty ImagesCountries are not possible to impose one other full lockdown although there is a resurgence of recent coronavirus instances in some elements of the world, analysts advised CNBC.The scenario is unlikely to be a repeat of March, Suresh Tantia, senior funding strategist at Credit score Suisse’s APAC CIO workplace, advised CNBC’s “Street Indicators” on Thursday. That was when the tempo of virus instances began to accentuate within the U.S. and Europe, after first surfacing in China final December.”This second wave of virus is a priority for buyers … however I feel the important thing distinction is that in contrast to final time in March, this time it is extremely unlikely that we might see a shutdown of the worldwide economic system,” he stated.”When you take a look at the March selloff, the rationale why markets bought off was not due to the virus considerations, it was largely as a result of the worldwide economic system shut down,” Tantia added. “It is a concern for the markets, however so long as we do not see a repeat of March … I feel markets will look by way of this and focus extra on restoration over the following few quarters.”The U.S. noticed its highest variety of instances in a single day on Wednesday, and reported 45,557 new instances on the finish of the day, in response to NBC Information depend. California noticed greater than 7,000 instances since Tuesday — a 69% improve in two days; Florida additionally reported a file variety of new instances. Each states symbolize two of the most important economies in the united statesLocking down a whole nation … value you as much as 3% of GDP per thirty days, so even the richest nations on the planet can not afford one other two, three months full lockdown.Hartmut IsselHead of APAC equities, UBS International Wealth ManagementOver in Asia, South Korea stated that it is battling a “second wave” of coronavirus infections round its capital metropolis of Seoul, in response to Reuters. In Beijing, authorities reinstated some restrictions as a brand new cluster linked to a wholesale market within the metropolis broke out — the nation has since stated that scenario is below management.Hartmut Issel, head of APAC equities at UBS International Wealth Administration, additionally advised CNBC on Tuesday that nations are “not possible” to go down the trail of a complete lockdown once more.”Locking down a whole nation … value(s) you as much as 3% of GDP per thirty days, so even the richest nations on the planet can not afford one other two, three months full lockdown,” he stated.The Worldwide Financial Fund slashed its financial forecasts once more on Wednesday, warning that governments’ funds will deteriorate considerably as they try to take care of the fallout from the pandemic.It now estimates a contraction of 4.9% in world gross home product in 2020, decrease than the three% fall it predicted in April.The IMF defined that the revised forecasts have been as a result of social distancing measures possible remaining in place throughout the second half of the yr, with productiveness and provide chains being hit.In nations which are nonetheless fighting excessive an infection charges, the IMF expects that longer lockdowns will dent financial exercise much more.— CNBC’s Noah Higgins-Dunn and Silvia Amaro contributed to this report.