Yet how often a market moves and how often the news moved it are different measurements, and separating them reorders the map. News about crypto, soccer or geopolitics repriced a market five cents or more about one time in ten. The Reflex Map · Vera ResearchThe methodThe study spans 567,033 news-to-market reaction measurements across 3,707 markets and 123,424 news items, from April 29 to July 13, 2026. The ordering conflates how much a market moves anyway with how much it moves because of news, and it should carry that companion sentence. The published table is a true record of how often each subject’s markets moved on news.