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Black ISO Timer

Forgive me if this has been explained. I've been working so I haven't caught the full explanation. Is the Timer for the market 7 days or 14? I bought Items with the free week, and when I renewed it on the last day, the Timer was at 6 days again. I saw a comment from Miike explaining that the Timer is as it should be for everyone, so I'm hoping someone can fill me in on what I'm missing. Thanks.
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The timers appear to cycle on a calendar cycle, not based on when you subscribe. In other words, the timers are running whether you are subscribed or not: subscribing allows you to use the store, but how much of each item you can buy is limited per fourteen day or five day global cycle.